Australia's Southern Cross hits more than 4-year high on contract wins

Southern Cross Electrical Engineering

15/09/2022 01:59

** Shares of Southern Cross Electrical Engineering Ltd 
 SXE.AX  gain as much as 3.40% to A$0.760, their highest in more
than four years 
    ** Electrical and communication services provider says its
electrical business has been awarded contracts worth A$30 mln
($20.24 mln)  urn:newsml:reuters.com:*:nTUE8VSBZH
    ** SCEE Electrical has been awarded three packages of works
on the Northern Goldfields Solar Project by Juwi Renewable
Energy, among other contracts 
    ** Shares to mark best day since Aug. 31 if gains hold      
 
    ** Stock had risen 22.5% this year, as of last close

 (Reporting by Archishma Iyer in Bengaluru)
 ((Archishma.Iyer@thomsonreuters.com))